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In 2010, Congress capped fees for debit card networks so merchants don't get gouged by Visa and Mastercard. But the Fed stuck in a loophole for Discover. And that is leading Capital One to buy it.
In a commentary article published by China News Service (CNS), a senior market observer was quoted as saying that the liquidation of EVERGRANDE (03333...
When it comes to larger-than-life show-biz greats, few can match the storied life and career of Thomas Waller, the pianist, composer and performer lovingly known as “Fats.”
This paper puts forward the thesis that the concept of “Too-Big-To-Fail” functions as a cover for the impunity conferred to financial elites in the United States in cases that also involve transnational organized crime, such as drug trafficking activities and drug-related violence. The authors illustrate their argument by examining the case of the HSBC bank (2012), in which no entity or person suffered a federal conviction for extensive criminal conduct for banking/financial violations that facilitated money laundering by Mexican and Colombian drug trafficking organizations. In Mexico, the...
She had to be good at something...